ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BLUE DART-Innovative Services

manufacturers of identical machines pay 25 per cent duty on components, plus 5 per cent excise duty and 7 per cent sales tax.
Due to the adverse condition in the industry, sale of Autoconers 138 manufactured by the company fell from 91 in 1991-92 to 59 in 1992-93. Though the company managed to maintain its leadership position in the draw frames market, sale in absolute terms fell again due to the recession in the textile industry. The company's exports for which it received an award from the government of Gujarat last year fell by 34 per cent in 1992-93 and the company was also unable to execute orders worth Rs 18 crore due to the, developments in the erstwhile USSR. The company completed the second phase of its modernisation-cum-diversification programme and introduced a new version of the autoconer cone winder

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